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Trillion dollar coin

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    nibannynibanny Posts: 2,761 ✭
    I liked this comment: "Make it a forever coin, just like the forever stamp for the post office"
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
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    Ed62Ed62 Posts: 857 ✭✭
    If there is only one I hope it is classified as a pattern and then is smuggled out of Federal Reserve or whereever it will be deposited. Like the 1974 Aluminum cent(s).

    Better yet, why limit it to just one?? A new debt crisis commemorative coin each year.
    Ed
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    2ltdjorn2ltdjorn Posts: 2,331 ✭✭✭✭
    We should manufacture 17 coins... Then give them to china and then demonitize them... It would be legendary!
    WTB... errors, New Orleans gold, and circulated 20th key date coins!
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    EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Make your voice heard
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    .


    << <i>Make your voice heard >>



    link-redux
    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    Doesn't Congress have to authorize all coinage?
    Gold and silver are valuable but wisdom is priceless.
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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    I suppose if some politicians wanted to get cutsie with the law then I suppose Congress could arrest an prosecute ole Timmy for counterfeiting or at least get him on tax evasion.
    Gold and silver are valuable but wisdom is priceless.
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    2manycoins2fewfunds2manycoins2fewfunds Posts: 3,081 ✭✭✭
    I'll keep mine sealed in case I want a First Strike label.
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    jmski52jmski52 Posts: 24,033 ✭✭✭✭✭
    It's a red herring. We've been down this road before. First, they'd make it out of platinum and that's all fine and dandy - but the next thing you know, they would be making these out of zinc-plated copper, and hoping that nobody would notice.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    kimber45ACPkimber45ACP Posts: 2,399 ✭✭✭
    Different link on the story
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    derrybderryb Posts: 38,665 ✭✭✭✭✭
    one way to default on the debt.

    Governments can print currency. Only the people can print faith in it — and they’re running low on ink.

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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>It's a red herring. We've been down this road before. First, they'd make it out of platinum and that's all fine and dandy - but the next thing you know, they would be making these out of zinc-plated copper, and hoping that nobody would notice. >>




    When you start warping the law for convenience then it does not matter what it was made of.
    Gold and silver are valuable but wisdom is priceless.
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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    Since we are exploring dubious pathways why don't we just monetize monopoly money.
    Gold and silver are valuable but wisdom is priceless.
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    jessewvujessewvu Posts: 5,091 ✭✭✭✭✭
    That's a pretty desperate move.
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    derrybderryb Posts: 38,665 ✭✭✭✭✭


    << <i>Since we are exploring dubious pathways why don't we just monetize monopoly money. >>



    Disney did and their economy and employment are flourishing:

    image

    Governments can print currency. Only the people can print faith in it — and they’re running low on ink.

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    SportsModeratorSportsModerator Posts: 1,624 mod
    Will we have an official thread with all of us listing our order numbers? Somehow, I don't think my AMEX can take that large of a hit


    but I can try! image

    Forum AdministratorPSA & PSA/DNA ForumModerator@collectors.com | p 800.325.1121 | PSAcard.com

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    derrybderryb Posts: 38,665 ✭✭✭✭✭
    Art Cashin chimes in on the subject

    Governments can print currency. Only the people can print faith in it — and they’re running low on ink.

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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>

    << <i>Since we are exploring dubious pathways why don't we just monetize monopoly money. >>



    Disney did and their economy and employment are flourishing:

    image >>





    There ya go. Now we just need 999,999,999,999 more.
    Gold and silver are valuable but wisdom is priceless.
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    cladkingcladking Posts: 30,356 ✭✭✭✭✭


    << <i>It's a red herring. We've been down this road before. First, they'd make it out of platinum and that's all fine and dandy - but the next thing you know, they would be making these out of zinc-plated copper, and hoping that nobody would notice. >>



    Y'up. There'd be plastic ones in circulation before ya' knew it.
    tempus fugit extra philosophiam.
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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    We would definitely be on our way to $100,000 Big Macks and that is not even upsizing the order.
    Gold and silver are valuable but wisdom is priceless.
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    jessewvujessewvu Posts: 5,091 ✭✭✭✭✭
    Can the mint produce coins with no intent of putting them in circulation? Imagine if they did sell a few, I wonder what the premium would be.
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    jmski52jmski52 Posts: 24,033 ✭✭✭✭✭
    A $Trillion here, a $Trillion there. Before too long, it starts adding up to real money.

    image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    Maybe D Carr could come up with a trillion dollar fantasy coin. Who knows, maybe Timmy-boy might use it.
    Gold and silver are valuable but wisdom is priceless.
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    johnny9434johnny9434 Posts: 34,787 ✭✭✭✭✭
    does anyone know if geitner made good on the taxes he owed? i dont remember if he did or didnt
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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>does anyone know if geitner made good on the taxes he owed? i dont remember if he did or didnt >>





    I am sure he did. I think Ben Bernanke gave him a temporary loan at zero interest.
    Gold and silver are valuable but wisdom is priceless.
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    lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭


    << <i>does anyone know if geitner made good on the taxes he owed? i dont remember if he did or didnt >>

    Yes, he did. Along with $15k in interest but no penalties.
    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
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    dcarrdcarr Posts: 10,309 ✭✭✭✭✭


    << <i>Maybe D Carr could come up with a trillion dollar fantasy coin. Who knows, maybe Timmy-boy might use it. >>



    I'm considering it. Perhaps a mintage of (20) "Trillion Dollar National Debt Payoff" coins.
    This would be part of my Hard Times Tokens series. But I've got to finish my Fiscal Cliff piece first. Or maybe combine them.
    Moonlight Mint
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    jmski52jmski52 Posts: 24,033 ✭✭✭✭✭
    You may have to "up" the mintage to 25.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    JustlookingJustlooking Posts: 2,895 ✭
    Clearly, it's worse than we thought.
    Let's try not to get upset.
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    renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>You may have to "up" the mintage to 25.image >>



    If platinum, I can see good comrade buying all of them.
    image
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    cladkingcladking Posts: 30,356 ✭✭✭✭✭


    << <i>Clearly, it's worse than we thought. >>



    Certainly by now they should have figured out that you can't cheat mother nature.

    Accountants may never reach a conclusion but nature always does.
    tempus fugit extra philosophiam.
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    JustNeedCoinsJustNeedCoins Posts: 241
    Wonder if PCGS would slab it?
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    ambro51ambro51 Posts: 14,545 ✭✭✭✭✭
    Would sure be handy to pay vet bills with.
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    dollarsandcentsdollarsandcents Posts: 486 ✭
    Idiots!

    Instead of real solutions and spending cuts to our entitlement ponzi scheme, we get magical trillion dollar coins.

    Thanks, morons.
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    ambro51ambro51 Posts: 14,545 ✭✭✭✭✭
    Sell Texas back to Mexico and Alaska to Russia. That should make a few bucks....
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    DeliaBugDeliaBug Posts: 881 ✭


    << <i>Sell Texas back to Mexico and Alaska to Russia. That should make a few bucks.... >>



    How about WE sell D.C. and oh nevermind...
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    Since we can't go out and find a trillion dollars worth of platinum to make up such a coin, what's the point? Might as well make it a $1 TRILL "wooden nickel" and save on
    a lot of mining costs. If it were signed by a few hundred celebrities, maybe it could be worth something some day.

    It would take over 100 years to mine the platinum needed to make the coin. And by that time, the $1 TRILL coin might be able to buy a burger, fries, and coke.
    Heck, by that time, we probably would have discovered how to convert pink slime into platinum. image
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    PrethenPrethen Posts: 3,466 ✭✭✭
    I already have an order with the Mint for one.
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    BryceMBryceM Posts: 11,941 ✭✭✭✭✭
    Seriously why go through the charade? Just write a check.
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    messydeskmessydesk Posts: 20,889 ✭✭✭✭✭
    How long before the Chinese counterfeit one? If it's submitted to our hosts, will they receive the $10,000,000,000 in ultra-rarities tax (+$18 for First Strike™, of course)?
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
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    cladkingcladking Posts: 30,356 ✭✭✭✭✭


    << <i>

    << <i>Sell Texas back to Mexico and Alaska to Russia. That should make a few bucks.... >>



    How about WE sell D.C. and oh nevermind... >>



    We should return it to swampland and grow tobacco on the rest.

    We can keep the Washington Monument to honor the man and remember our error. Move the Smithsonian and we'll be back to "normalcy" in mere days.

    Let's show DC what a depression really looks like.

    It's not like anyone would pay a nickel for it.
    tempus fugit extra philosophiam.
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    -----they're currently talking about "The Coin" on MSNBC's Up W/Chris Hayes.
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    coindeucecoindeuce Posts: 13,528 ✭✭✭✭✭


    << <i>one way to default on the debt. >>


    Fixed it for ya.
    One way to further erode our nation's global credibility.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

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    coinhunterscoinhunters Posts: 361
    maybe we can get some fools to buy them ?
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    WingedLiberty1957WingedLiberty1957 Posts: 3,017 ✭✭✭✭✭
    The Federal Reserve should just print off one of these notes and pay off our national debt in full.
    We wold even have a bit over 83 Trillion Dollars left over to re-fund Social Security and Medicare.
    Problem solved!

    image

    My Coin Blog
    My Toned Lincoln Registry Set

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    johnny9434johnny9434 Posts: 34,787 ✭✭✭✭✭
    who are they going to put on this trillion dollar coin? i heard nancy pelosi image
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    DeliaBugDeliaBug Posts: 881 ✭


    << <i>who are they going to put on this trillion dollar coin? i heard nancy pelosi image >>



    If that involves placing her head between the planchet and the die in order to strike it, I am all for it. image
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    even lamer.
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    CaptHenwayCaptHenway Posts: 34,294 ✭✭✭✭✭
    tres lame
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,295 ✭✭✭✭✭
    When there are more blue collar jobs than white collar jobs the books will balance again. We've lost manufacturing.
    Would be kind of nice to have the largest platinum coin. Made to order. What are those giant gold coins worth which Canada and Australia (i think) made ? They've increased in value and interest, by a good margin. The idea for the coin seems based in logic, but to come to fruition would be insanity. Buyer beware ! The market could drop. Are we going to hold the U.S. Treasury hostage for Congress outspending them ?
    Our leaders are, at least, critically thinking. This is good. Just too bad we drag it into numismatics, as some things are outlawed here.

    Practice makes perfect & nobody is perfect. So, practice being nobody and be perfect !

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